Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
Genesis Healthcare shares down 82% over five years
By
Amy Novotney
Mar 13, 2020
Investors who purchased Genesis HealthCare five years ago have seen their shares in the company fall by 82% during that time, according to an analysis posted Wednesday by Simply Wall St. The company’s...
WesleyLife, Genesis Health announce plans for first Wellspire community
Jul 12, 2019
Johnston, IA-based WesleyLife and Davenport, IA-based Genesis Health System will break ground on the first community through their new organization, WellSpire, later this year in Bettendorf, IA, the companies...
WesleyLife, Genesis partner to develop senior living communities
By
Lois A. Bowers
Jan 17, 2019
WesleyLife and Genesis Health System will join forces in a new entity to develop senior living communities to serve eastern Iowa and western Illinois, the organizations announced Wednesday.
16 assisted living operators to help Alzheimer’s Association test dementia care program
By
Lois A. Bowers
Sep 20, 2018
Sixteen assisted living operators across 12 states and the nation’s capital have signed on to help test an Alzheimer’s Association program that could enhance the care of residents with dementia.
Welltower hopes Brookdale gets ‘back to the basics’
By
Lois A. Bowers
Feb 26, 2018
Welltower executives said that they hope Brookdale Senior Living can focus on fundamentals now that the company has announced turnaround plans that include a management shake-up in the wake of the rejection...
11 Brookdale communities part of $930 million Welltower deal
By
Lois A. Bowers
Nov 02, 2016
Eleven Brookdale Senior Living communities currently leased from Welltower are part of a $930 million joint venture agreement announced Wednesday via which a China-based company will make its first investment...
Genesis names first chief medical officer
Apr 07, 2016
Genesis HealthCare has named Richard A. Feifer, M.D., M.P.H., F.A.C.P., as chief medical officer of Genesis Physician Services, a new position.
Revera sells SNFs to Genesis HealthCare
Dec 03, 2015
Revera also intends to sell its remaining skilled nursing centers that were not part of the Genesis transaction. The company continues to offer senior apartments, independent living, assisted living, memory...
ALFA announces more changes
By
Lois A. Bowers
Oct 01, 2015
The organization, which announced a name change earlier this week and plans to offer memory care research and programming last week, now has announced a reorganization, a new advocacy fund and a new PAC...